AltMountain

Ponce de Leon Capital LLC

San Juan, PR · CIK 2047998
Emerging

Ponce de Leon Capital LLC is a private equity fund based in San Juan, Puerto Rico. According to its most recent Form D, filed Dec 11, 2025, it has sold $23,550,000 of interests to 8 investors since its first sale in Nov 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Sergio Cordero.

Total raised
$23,550,000Cumulative sales reported on Form D
Investors
8
First sale
Nov 22, 2024
Minimum investment
None set
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Sergio Cordero
Latest Form D
Dec 11, 2025

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Ponce de Leon Capital LLC

What is the minimum investment for Ponce de Leon Capital LLC?

Ponce de Leon Capital LLC's latest Form D, filed Dec 11, 2025, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Ponce de Leon Capital LLC?

Ponce de Leon Capital LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.

How much has Ponce de Leon Capital LLC raised?

Ponce de Leon Capital LLC reports $23,550,000 sold from 8 investors on its Form D filed Dec 11, 2025. This is cumulative sales since the offering began, not current assets or performance.

Where is Ponce de Leon Capital LLC based?

Ponce de Leon Capital LLC is based in San Juan, Puerto Rico.

When did Ponce de Leon Capital LLC launch?

Ponce de Leon Capital LLC reports its first sale in Nov 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).

Size compared with every private equity fund

Raised more than 81% of the 162 private equity funds based in Puerto Rico, and more than 54% of all 9,142 that report sales.

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